Question: construct a fully labelled balance sheet using the information stated below. Accumulated retained profit: 14 Cash :3 Cost of goods sold :2 Creditors :20 Debtors

construct a fully labelled balance sheet using the information stated below.

Accumulated retained profit: 14

Cash :3

Cost of goods sold :2

Creditors :20

Debtors :12

Expenses :2

Long-term liabilities (debt) :20

Net fixed assets :60

Sales revenue : 5

Share capital :26

Stock :5

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